Word: girdlers
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Dates: during 1940-1949
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Hope Chest. Outstanding example of this was Tom Girdler's Consolidated Vultee Aircraft Corp. It was also an outstanding example of the fact that in union there is often more money. For the year 1943 (excluding Vultee profits before the two companies merged last March), Board Chairman Girdler reported profits of $19,268,000, compared to $7,004,000 for both companies for the entire year 1942. Earnings per share of common stock jumped from...
...Chairman Girdler took pains to point out that this glowing record was made despite whacking reductions of $171,000,000 in the price of planes. On top of that, Consolidated funneled $80,000,000 out of profits into a special renegotiation reserve. Cautious Mr. Girdler stated that he hopes this will be sufficient to cover any refunds caused by renegotiation...
...Girdler's Consolidated Vultee Aircraft Corp. proudly announced that it is the "world's largest producer of airplanes." In 1943, it claimed to have delivered more planes "by weight and number" than any other company...
...Chiang of China. She is a better orator than Churchill, a better statesman than Eden, a better politician than Roosevelt, a better globe-girdler than Willkie, and more loyal to her own people than Stalin...
Seeking an answer to the problem of Labor & Management, Tom Girdler voices some emphatic conclusions. No lover of unions, he insists that they are necessary, equally insists that under the present Administration they are a disorganizing influence in American industry. Holding that America's future is a great challenge to the managers of American industry, Girdler ends with the suggestion that management will be unable to meet the challenge unless wartime emergency controls are lifted. He concludes...